Fmr LLC Purchases 2,480 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Fmr LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 50.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,425 shares of the company’s stock after buying an additional 2,480 shares during the quarter. Fmr LLC’s holdings in SPDR Gold MiniShares Trust were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its stake in shares of SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after purchasing an additional 210 shares during the last quarter. SNS Financial Group LLC grew its holdings in SPDR Gold MiniShares Trust by 0.9% during the second quarter. SNS Financial Group LLC now owns 518,539 shares of the company’s stock worth $23,899,000 after purchasing an additional 4,732 shares during the period. Apella Capital LLC increased its position in SPDR Gold MiniShares Trust by 21.1% during the third quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock worth $912,000 after buying an additional 3,021 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $296,000. Finally, Valmark Advisers Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 15.7% in the second quarter. Valmark Advisers Inc. now owns 15,001 shares of the company’s stock valued at $691,000 after buying an additional 2,033 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.1 %

Shares of NYSEARCA GLDM opened at $51.44 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $55.29. The stock has a 50 day moving average of $52.91 and a 200-day moving average of $50.16.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.